2023 HNL to BSD Historical Review

YEARLY HIGH

0.0411 BSD

YEARLY LOW

0.0401 BSD

YEARLY AVERAGE

0.0405 BSD

2023 HNL to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0411. Conversely, the yearly low was recorded on September 9, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0010 BSD. From a start-to-finish perspective, comparing the January average rate of 0.0405 to the December average rate of 0.0405, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0411 was up 0.14% compared to the 2022 peak of 0.0411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 206 BSD

2022 Average 203 BSD

Yearly Trough Low 200 BSD

Transaction Impact: A difference of 5.20 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0407

0.0403

JanuMarcMayJulySeptNove

HNL to BSD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0406, compared to 0.0405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0406

H2 Avg (Jul–Dec) 0.0405

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0008 BSD (High: 0.0410 / Low: 0.0402). On the other end, January was the most stable month, with a tight range of 0.0002 BSD (High: 0.0407 / Low: 0.0405).

August Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0406) against the same month in 2022 (average: 0.0408), the exchange rate shifted by -0.0002 (-0.51%).

2023 Avg (March) 0.0406

2022 Avg (March) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0407	0.0405	0.0405
February	0.0409	0.0402	0.0406
March	0.0411	0.0405	0.0406
April	0.0411	0.0406	0.0407
May	0.0408	0.0405	0.0406
June	0.0409	0.0404	0.0405
July	0.0409	0.0404	0.0406
August	0.0410	0.0402	0.0406
September	0.0407	0.0401	0.0404
October	0.0407	0.0403	0.0405
November	0.0408	0.0404	0.0405
December	0.0406	0.0403	0.0405